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Intel stock finally snapped its 5-day winning streak and it’s already back on the charge. The shares were jumping 3.8% in premarket trading after closing 2.4% higher Tuesday to end its five-day losing run. The stock fell 16% over that period and investors were perhaps starting to question whether it would be more than a blip.
Micron shares rise on the prospect of a strike affecting rival memory-chip maker Samsung, while Nvidia climbs ahead of its earnings report due after the closing bell Wednesday.
May 20 (Reuters) - U.S. stock index futures edged higher on Wednesday as chip stocks steadied ahead of Nvidia's earnings, which investors view as a crucial test of AI demand amid concerns about
The stock market looked set to snap a three-day losing streak on Wednesday, with tech helping drive the rebound. Chip makers Intel and Micron were the S&P 500's two best performers ahead of the opening bell.
Abel and Ackman are two of the more closely watched billionaire investors.
Cybersecurity is a major concern for crypto right now.
Shiba Inu investors are still hoping for a repeat of 2021.
(Bloomberg) -- For much of the year, chip stocks have been powering the market higher. Now, Nvidia Corp.’s earnings have a chance to confirm that the rally has more room to run — or add another brick to investors’ wall of worry.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensBilliona
Quantum computing will hit the mainstream faster than most think.
These two big oil companies go head-to-head.
After topping $5.5 trillion, could $6 trillion be next?
The AI chipmaker's outlook for the quarter ahead, its Vera Rubin transition, and any fresh China commentary could matter more than the headline numbers.
Nearly 100 years of history for the S&P 500 say a streak like this is reason for optimism, not the signal of a top.
Stop fretting over this stock's near-term fluctuations.
Intel (NasdaqGS:INTC) is reportedly in talks to acquire AI chip startup Tenstorrent. The potential deal would expand Intel's capabilities in dedicated AI hardware and talent. The news highlights Intel's focus on AI chips beyond its existing product roadmaps and earnings cycle. Intel shares most recently traded at $110.8, with the stock up 61.8% over the past 30 days and 181.4% year to date. Over the past year, the share price has gained 420.9%, and the 3 year and 5 year returns stand at...
After a sharp sell-off in March, MongoDB may finally offer long-term investors a more compelling entry point into one of the strongest independent database platforms in software.
The semiconductor maker is closing the gap with its manufacturing rivals.
Workers are more likely to be replaced by people who know how to use artificial intelligence than by the technology itself, according to Nvidia (NASDAQ:NVDA) CEO Jensen Huang. "It is unlikely most people will lose a job to AI," Huang...
All investors should consider owning this popular REIT and the king of the beverage sector.
The company reported its first-quarter results.
The stock's recent run has closed the discount window. However, Broadcom's XPU deals could still justify buying shares near their latest highs.
Upstart is making progress on its recovery, and a bank charter is a new development.
Honda's EV strategy failed, so the car company is refocusing on its core strengths.
Cisco and Lumentum delivered better-than-expected earnings results this quarter, and their valuations reflect Wall Street’s optimism.
The semiconductor giant is poised for years of business growth ahead.
Broadcom Inc. (NASDAQ:AVGO) is one of the best stocks to buy for next-gen data centers. On May 5, the company announced VMware Cloud Foundation 9.1, describing it as a secure and cost-effective infrastructure platform for production AI workloads. Broadcom said the platform supports inference and agentic AI applications through an AI- and Kubernetes-native private cloud […]
The team discusses what’s driving increasing costs for consumers and producers, and how the trend may eventually cause shocks in a highly valued stock market.
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